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Thomas Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Raw Materials Debit Credit Balance

Thomas Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Raw Materials Debit Credit Balance 1/1 14,000 Credits ? Debits 124,000 Balance 12/31 21,000 Required:

What was the cost of raw materials requisitioned for use in production during the year?

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